The least expensive unit in San Francisco is also the tiniest at 291 square feet

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Coming in at only 291 square feet, unit No. 406 at 195 Seventh St. is the smallest condo currently for sale at market rate in San Francisco.

Perhaps not surprisingly, it is also the least expensive, with an asking price of $430,000.

But given how small the studio is, that asking price works out to almost $1,500 a square foot. That’s a higher cost per square foot than many brand-new condos that came to market in the last year, even though the 34-unit development at the corner of Howard and Seventh streets was built back in 1991. On top of the asking price, there’s also $323 a month in HOA fees to consider, plus possibly leasing a parking spot since there is no spot that comes with the unit.

The studio’s square footage is supplemented by a shared rooftop deck and since the unit is on the top floor, it’s relatively easy to access. There’s also a three-foot-by-six-foot basement storage unit—no small matter when every square foot counts. The condo also has a built-in desk, a foldaway Murphy bed and an undercounter refrigerator to help maximize space.

Perhaps the best advertisement for the unit is that it has not been on the market since 1998, so apparently someone (we’re assuming just one?) was content living in this tiniest of tiny homes for almost 20 years.

Emily Landes is a writer and editor who is obsessed with all things real estate.